Thursday, October 29, 2020
Home Transactions A Family Offi...

A Family Office Buys 3 Residential Buildings in Madrid for €11 Million

The three buildings, located in the Delicias neighbourhood, span a total surface area of 4,520 square metres distributed over 83 homes and one commercial premise.

A family office has acquired a portfolio consisting of three residential properties located just a few minutes from the centre of Madrid for around 11 million euros.

The buildings, which are leased almost in their entirety, are located in the Arganzuela district, in the Delicias neighbourhood. In total, the properties span a total surface area of 4,520 square metres distributed over 83 homes and one commercial premise.

Read the full article in Spanish.

B-Exclusives

What Is the Nursing Home Sector Like in Spain?

In Spain, there are 363,581 beds in nursing homes, which are asymmetrically distributed across the country. The province of Barcelona has a shortage of 11,124 units; whilst Madrid needs to add another 5,220 beds to its supply.

Which is the Most Dynamic Neighbourhood in Madrid Post Covid?

Tetuán has become one of the most sought-after neighbourhoods in Madrid capital, thanks to its competitive prices and the emergence of new projects. However, coronavirus is weighing down on the market, especially when it comes to rental properties.

Property Developers Expect to Handover 20,500 New Homes Before 2021

In the three remaining months of the year, property developers expect to finish 20,551 homes in Spain, distributed across 1,061 developments, several of which will comprise hundreds of units.

The Aging Spanish Population: a Gold Mine for the Real Estate Sector

By 2050, 31.4% of the population in Spain will be aged over 64 years due to aging and a longer life expectancy. The supply of nursing homes for the elderly will need to double its capacity to keep pace.

Latest news

What Is the Nursing Home Sector Like in Spain?

In Spain, there are 363,581 beds in nursing homes, which are asymmetrically distributed across the country. The province of Barcelona has a shortage of 11,124 units; whilst Madrid needs to add another 5,220 beds to its supply.

Mortgage Signings Fell by 3.4% in August to Record Six Consecutive Months of Decreases

In August, 19,825 mortgages were constituted over homes, down by 3.4% in interannual terms, the smallest drop since the pandemic began.

Oca Global Acquires an Office Building in Sant Cugat

The business group has purchased a 4,814 square metre office building in the A7 Business Park in Sant Cugat del Vallès (Barcelona) from an investment fund and will move its corporate headquarters there.